Bridger Aerospace comments on executive order to restructure firefighting

BELGRADE, Mont. - Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER), a $100 million market cap aerial firefighting company, issued a statement Friday regarding the recent Executive Order aimed at restructuring the national wildland firefighting system.

The order prioritizes immediate suppression of wildfires to protect communities and infrastructure, and establishes a National Wildland Firefighting Task Force spanning federal agencies to enhance preparedness and aggressive wildfire suppression.

"Bridger was established with a mission of saving lives, property, and the environment from wildfires and we stand ready to support our federal and state customers," said Sam Davis, Bridger’s Chief Executive Officer, in a press release. According to InvestingPro data, the company has demonstrated strong revenue growth of 51% in the last twelve months, though it remains unprofitable during this growth phase.

The Executive Order follows a May 20, 2025 letter from the U.S. Forest Service Chief emphasizing the need for direct attack wildfire mitigation and swift suppression tactics.

Additionally, the U.S. Department of the Interior’s fiscal year 2026 budget for the new U.S. Wildland Fire Service proposes an increase in funding to $3.70 billion, with a Wildfire Suppression Operations Reserve Fund of $2.85 billion, totaling $6.55 billion. The budget request includes $1.39 billion for Suppression Operations, compared to $383,657 in each of the previous two years. For investors tracking this sector, InvestingPro offers comprehensive analysis and 7 additional key insights about Bridger Aerospace’s positioning in this expanding market.

The National Weather Service predicts an above-average fire season this summer, with probability ranging from 33-70% across the contiguous United States and most of Alaska. Already this year, wildfires have burned over 1 million acres nationally, including fires in Los Angeles and Ocean County, New Jersey.

Bridger Aerospace describes itself as one of the nation’s largest aerial firefighting companies, operating a fleet that includes fire imaging and surveillance aircraft. The company maintains a healthy financial position with a current ratio of 2.19, indicating strong ability to meet short-term obligations, and a gross profit margin of nearly 40%.

In other recent news, Bridger Aerospace Group Holdings Inc. reported a significant revenue increase for the first quarter of 2025, with earnings reaching $15.6 million, marking a 184% rise compared to the previous year. Despite this growth, the company recorded a net loss of $15.5 million. Bridger Aerospace has also finalized a $46 million sale-leaseback agreement for its facilities at Bozeman Yellowstone International Airport, with SR Aviation Infrastructure, a deal expected to close in the third quarter of 2025. This transaction aims to reduce Bridger’s debt and interest obligations significantly, as the company will enter a ten-year lease agreement to continue operating from the same location.

Additionally, Canaccord Genuity raised its price target for Bridger Aerospace to $5.25, maintaining a Buy rating, following the company’s strategic financial maneuvers. The analysts’ revised outlook reflects confidence in Bridger’s efforts to improve its financial standing through the sale-leaseback arrangement. Bridger Aerospace’s future projections include expected revenue between $105 million and $111 million for 2025, with anticipated growth in adjusted EBITDA by 20%. The company has also secured a five-year contract with the U.S. Department of the Interior worth $20.1 million, further strengthening its market position in aerial firefighting.

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